General Mills, Kellogg, Campbell, Hershey, Smuckers, Sysco, McCormick & Company, and ConAgra are a handful of the largest American pantry/snack favorites. These Fib Schematics look pretty good and are easy to decipher. This makes this a good idea other than the fact that I should have grouped my tow food ideas differently. I have another Food Idea linked below...
Not Fianancial advice. NYSE:MKC currently in a downtrend on the monthly and on the quarter. fail to hold the yellow line Heading for the next target at $56. Please be cautious . #subscribe
Analyzing the options chain and the chart patterns of MKC McCormick & Company prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $2.53. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
AT A GLANCE Simplistic Analysis: reversion up to the mean. Trade Type: Touch & Go don't wait for a close. Research Depth: technical glance only. Earnings Anticipations: positive surprises for EPS & Revenues. Surprise-confidence on a scale of 0-5: 2
A double bottom in green box has formed at the bottom of an up channel on the daily chart for MKC. I expect this to react bullishly to this formation and push price back up to the higher highs of the up channel. Bullish.
The PEAD projected a bullish outlook for $MKC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 87.5%.
BEAR RALLY SET UP I've had MKC on my watchlist for about a week now. ON January 18th, the 20 day crossed the 50 day and made a new swing low on January 20th. Since then, it had a small bear rally back to prior support resistance of 79.09ish which it hit on the 24th. On the 25th, it traded below the previous day's low, however I waited one more day because I...
The PEAD projected a Bearish outlook for $MKC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 62.5%.
$MKC has a very nice setup to go long here, one of the solid long term names to buy when they look ugly as per @timwest . I'm buying shares for my daughter here, looks like it's a solid setup overall. Best of luck! Cheers, Ivan Labrie.
What a beautiful structure. Base channel & its median respected, retracement 62%. Need to take out 93 to confirm the impulse. trade safe
The PEAD projected a Bearish outlook for $MKC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
No idea what this is Murican food? Corn syrup? Koolaid? Quadruple cheesburgers? Anyway i longed me some GRI 2022 Chart- geometric Indi- bull div
The PEAD projected a Bullish outlook for $MKC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
Dominant trend line in solid white Similar double bottom formations can be seen in green rectangles Continuation pattern
The 200MA support is too strong within this one Has not been broken since its inception (1976) Very reliable long
Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price. Entry Price: $92.43 / $93.18 Target Price: $91.18 / $91.84 Stop Loss: $94.52
The PEAD projected a Neutral outlook for $MKC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.